Both Hockey News and Sports Business Journal report on how the Nets ownership and management are putting their stamp on both the Islanders and the arena they are leaving behind in Uniondale.
As Hockey News reports, the Nets management has taken over business operations for the Isles...
Essentially, the hockey team no longer administers or controls its own business operation, a highly unusual situation. The agreement to move the franchise includes the provision that the arena pays Islanders ownership an annual sum to play at Barclays Center and, in exchange, Barclays Center acquired all ticket and suite sales, sponsorships, marketing and promotions and their revenue.